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Wednesday, 14 May 2025, 6:26 am

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    BSP tracks strong outflows, weak inflows in October amid global uncertainty

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    The Bangko Sentral ng Pilipinas (BSP) on Friday reported a shift in foreign investment flows for October 2024, with net outflows amounting to USD529.68 million.

    Inflation pressures remain as weather, peso weigh on prices

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    The Bangko Sentral ng Pilipinas (BSP) on Friday projected that inflation for November 2024 will settle within the range of 2.2 percent to 3 percent.

    Strategic liquidity management helps fuel 10-month loan growth

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    Lending activity among banks remained robust in October, with universal and commercial banks (U/KBs) reporting a 10.6 percent year-on-year expansion in outstanding loans, slightly easing from the 11 growth in September, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

    National government posts P6.3B surplus in October

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    The national government (NG) reported a strong fiscal performance in October, recording a P6.3 billion surplus, a significant turnaround from the P34.4 billion deficit in the same month last year. 

    MGen expands coal-fired plans despite moratorium

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    Manila Electric Co.'s (Meralco) power generation arm, Meralco Power Gen Corp. (MGen), is actively pursuing the development of new coal-fired power plants, despite a government-imposed moratorium on new coal projects.
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    Meat imports surge nearly 26% in 1Q, highlighting domestic supply gaps

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    Meat imports surged by 25.9 percent in the first quarter of 2025 compared to the same period last year, driven primarily by higher pork and chicken shipments, according to data from the Bureau of Animal Industry (BAI).

    BOC NAIA seizes P4.4M worth of ecstasy, heroin in parcels

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    The Bureau of Customs at the Ninoy Aquino International Airport (BOC-NAIA) today (13 May 2025) confiscated six parcels containing Ecstasy and heroin valued at approximately PhP4.43 million.

    BOC cited for key role in PH Exit from FATF grey list

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    President Ferdinand R. Marcos Jr. lauded the Bureau of Customs (BOC) for its instrumental role in the Philippines’ successful removal from the Financial Action Task Force (FATF) Grey List, ending a three-year effort to meet global anti-money laundering and counter-terrorism financing standards. The President cited BOC’s enhanced monitoring of cross-border cash movement as a major contributor to the country’s compliance with FATF action items. He recalled issuing a directive in October 2023 instructing key government agencies—including the BOC—to implement reforms aligned with the FATF’s recommendations.

    Security Bank wins Best Customer Loyalty Program Award

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    Security Bank's BetterBanking Rewards Program was named Best Customer Loyalty Program at the International Finance Awards 2025, underscoring the bank’s commitment to innovation, sustainability, and customer satisfaction.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Shell Pilipinas maintains strategic investment amid profit decline

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    Shell Pilipinas Corp. (SPC) is pressing ahead with a disciplined investment strategy, committing between P2 billion and P3 billion annually in capital expenditures for 2025 and 2026, despite posting a steep 47.1 percent drop in first-quarter net income.
    Agriculture

    Meat imports surge nearly 26% in 1Q, highlighting domestic supply gaps

    0
    Meat imports surged by 25.9 percent in the first quarter of 2025 compared to the same period last year, driven primarily by higher pork and chicken shipments, according to data from the Bureau of Animal Industry (BAI).
    Context Dispatch

    BOC NAIA seizes P4.4M worth of ecstasy, heroin in parcels

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    The Bureau of Customs at the Ninoy Aquino International Airport (BOC-NAIA) today (13 May 2025) confiscated six parcels containing Ecstasy and heroin valued at approximately PhP4.43 million.
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